Ferguson (LON:FERG) Trading Down 1.5% – Here’s Why

Ferguson plc (LON:FERG)’s share price traded down 1.5% during trading on Monday . The stock traded as low as £143.70 ($177.19) and last traded at £144.90 ($178.67). 19,044 shares were traded during trading, a decline of 89% from the average session volume of 167,622 shares. The stock had previously closed at £147.10 ($181.38).

Ferguson Trading Down 1.5 %

The stock has a fifty day moving average of £152.51 and a two-hundred day moving average of £153.74. The company has a market capitalization of £29.08 billion, a PE ratio of 2,205.48, a PEG ratio of 2.57 and a beta of 1.21. The company has a current ratio of 1.80, a quick ratio of 0.83 and a debt-to-equity ratio of 98.24.

Ferguson Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Friday, December 20th will be issued a $0.83 dividend. This represents a dividend yield of 0.42%. This is a positive change from Ferguson’s previous dividend of $0.79. The ex-dividend date is Friday, December 20th. Ferguson’s payout ratio is presently 3,592.09%.

Ferguson Company Profile

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.